Oracle Systems & My Bet Shop
Complaint 116505 Details

  • Date Occurred: 08/02/2013
  • Reported Damages: $8,000.00
  • !

The complaint is against an online dating profile

The complaint is a listing fraud posted on public forums or sites against an anonymous entity

The complaint is mobile text spam or smishing related against an anonymous entity

The company or person contact no longer exists

International boundaries

At the start of August 20011 I was bombarded by phonecalls from a representative from Oracle Systems to invest money in their company with the promise of huge returns.
They sent a portfolio to me showing a return of a minimum of $40000 in the last 12 month period.
They said on top of that they have averaged payouts of this amount plus in the last 10 years.
After the initial phonecall i said i wasn't that interested & they continued to phone me at least twice a week saying places were filling fast.
After checking my account during the first month i noticed my balance of $8000 was going down fast & was down to $1000.I phoned the company to queuery this & they explained that $7000 was a management fee & the remaining $1000 was used to place bets at My Bet Shop . This was very misleading & they certainly didn't tell me this when i invested my money.
I feel the ACCC or Department of fair trading should investigated this company as they are a scam.

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Business Profile Summary

  • Oracle Systems PTY LTD logo

Company Statistics

  • Complaint Against Oracle Systems PTY LTD
  • Complaints Filed: 16
  • Reported Damages: $138,861.05
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